To effectively manage your business, it is essential to pay attention to certain indicators. For example, profit margin, ROI (return on investment), CAC (customer acquisition cost) and financial break-even point (BEP). This is because these KPIs (key performance indicators) allow you to analyze different aspects of a company. For example, whether the results are as expected, whether …
The concept of financial intelligence is often used when talking about managing personal finances and what this involves in practice. However, this ability does not only apply to this personal context. After all, financial intelligence can be a relevant element for business management — contributing to the maturity and development of the enterprise. Therefore, it …
Setting goals is essential for every entrepreneur. This is because it refers to establishing objectives that can help a company grow, make more profit, stand out from the competition and even better control expenses . However, many entrepreneurs do not know how to properly set goals for their businesses or do not understand the real importance of …
Managing a company’s finances requires organization, attention to detail and clear goals. This approach helps solve problems and signal to the team which path the company intends to follow. This way, the chances of achieving better results increase. Fortunately, there are methodologies that make managers’ work easier, such as SMART goals. Adopting them can contribute …
Being a successful entrepreneur requires more than just wanting to start a firm. Given the intense rivalry in the restaurant industry, effective management is crucial to the expansion of the company. To be driven and remain in the market, the manager needs to understand good practices regarding restaurant operations. This will help in planning, decision-making …
Anyone who manages a business, regardless of its size, knows that it is often necessary to seek third-party capital to boost results or resolve outstanding issues. In this context, seeking a business loan can be a good strategy. This type of credit is exclusively intended for legal entities and is divided into several types. This way, it …
Financial management is an essential area for running a company. When the sector is well organized and structured, your business can reach a higher stage of maturity and find room to develop. However, despite the importance of this process for the company’s routine, the management of corporate resources often raises many doubts. In addition, many …
Knowing how to organize your company’s finances is essential to avoid problems with bills and collections. Furthermore, this organization helps to increase productivity, boost revenue and avoid unnecessary costs. Therefore, even in smaller companies, entrepreneurs should know tips and strategies to facilitate this organization. This will make it easier to maintain the routine and prevent problems from …
To effectively manage your business’ finances , it is essential to monitor data and metrics about the company’s situation. To do this, it is worth using the right tools, such as cash flow. After all, it allows you to perform different financial analyses. For management, this is important because it helps identify bottlenecks and areas for improvement, …
One of the biggest problems that companies can face is the incorrect pricing of their products or services. After all, this can cause the brand to sell little or the profit margin to be unsustainable, even resulting in the business going bankrupt. For this reason, it is essential to set an appropriate price for what …